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Update: Emerita Resources Loses 4% as Provides High-Grade Drill Results from El Cura Deposit in Spain
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Update: Emerita Resources Loses 4% as Provides High-Grade Drill Results from El Cura Deposit in Spain
Oct 17, 2025 8:59 AM

11:31 AM EDT, 10/17/2025 (MT Newswires) -- Emerita Resources ( EMOTF ) said Friday that it continued to intersect high grades and significantly expand the El Cura deposit in Spain.

Results include 4.1 meters grading 3.9% copper, 3.6% lead, 8.5% Zinc, 4.08 g/t gold and 96.4 g/t silver, including a 1.4-meter interval grading 5.7% copper, 4.1% lead, 9.7% zinc, 3.89 g/t gold and 102.86 g/t silver.

Following the results, Emerita said it approved an additional 12,000 meters of drilling to continue the expansion drilling at El Cura.

"The exceptional results of recent drilling in western El Cura ... demonstrate the existence of zones of significant enrichment and the persistence of the deposit to the west and at depth," Emerita president Joaquin Merino said.

Emerita's share price at last look fell 4% to $1.46 on the TSX Venture Exchange in early Friday trading.

Price: 1.46, Change: -0.06, Percent Change: -3.95

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